System trades – Jan. 21, 2016

Well that’s more like it! After a scratchy, scrambly choppy day on Wednesday when the prices pushed through Nat’s inflection lines almost at will (see yesterday’s post) today she got a little respect. Both oil and the ES provided great profits for traders who trusted Nat’s calculations. ES On the ES the overnight price touched her control line and moved up almost to the Sell level in the pre-market session. It dropped back within 4 points of the Control line for the day session open, and moved up 40 points to stall for … Continue reading

System trades – Jan. 20, 2016

A weird day. Big gap down at the open, and for the first time I can recall, the price moved well below the Buy entry and stayed there. There was unusual trading during the day: the break down below the Buy level was precipitated by a large order (6,600 contracts) suddenly dumped in a consolidating market and covered immediately by an offsetting order 2 ticks away. This was just at the end of the first-hour range and it had the effect of dumping the market to the lowest price in … Continue reading

System trades – Jan. 19, 2016

Nat’s ‘system trades’ on Tuesday illustrated one of the issues that still needs to solved: how to trade the price around the “control line.” After the chart is printed, its easy to see that the whipsawing around the “control line” (sort of a sentiment reversal line) was temporary, and the direction for the day was down. It might even have been possible to reach that decision from the decline in the pre-market, after a big ramp overnight on light volume. But the whipsaws were pretty substantial, about 10 points above and below the … Continue reading